iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Strong Trading Volume – Here’s What Happened

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw unusually-strong trading volume on Monday . Approximately 1,175,075 shares were traded during mid-day trading, an increase of 146% from the previous session’s volume of 477,753 shares.The stock last traded at $118.20 and had previously closed at $118.93.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.2%

The firm has a market capitalization of $7.71 billion, a PE ratio of 13.92 and a beta of 1.04. The company has a fifty day moving average price of $120.94 and a two-hundred day moving average price of $116.19.

Institutional Trading of iShares S&P Small-Cap 600 Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IJS. Brighton Jones LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 6.0% during the 4th quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock valued at $835,000 after acquiring an additional 436 shares during the last quarter. AQR Capital Management LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 189.9% during the 1st quarter. AQR Capital Management LLC now owns 7,247 shares of the company’s stock valued at $706,000 after acquiring an additional 4,747 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 9.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 188,181 shares of the company’s stock valued at $18,344,000 after acquiring an additional 15,669 shares during the last quarter. Jane Street Group LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 751.6% during the 1st quarter. Jane Street Group LLC now owns 26,400 shares of the company’s stock valued at $2,573,000 after acquiring an additional 23,300 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in iShares S&P Small-Cap 600 Value ETF by 2.5% during the 2nd quarter. First Trust Advisors LP now owns 5,546 shares of the company’s stock valued at $552,000 after acquiring an additional 136 shares during the last quarter. 71.86% of the stock is owned by hedge funds and other institutional investors.

About iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.